PCBL Limited, a carbon black manufacturer in India, announced the appointment of Dr. Sethurathnam Ravi as Non-Executive Independent Director of the company, with effect from March 15, 2023.
According to the company’s exchange filing, “Upon recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company have recommended for the approval of the shareholders of the Company by means of Postal Ballot, the appointment of Dr. Sethurathnam Ravi (DIN: 00009790) as a Non-Executive Independent Director of the Company for an initial term of 5 (five) consecutive years with effect from 15th March, 2023.”
Sethurathnam Ravi (S Ravi) is a chartered accountant (CA) based in India, promoter and managing partner of Ravi Rajan & Co. LLP and the former Chairman of Bombay Stock Exchange (BSE). He is also on the Board of Directors of over 45 companies and organisations including IDBI Bank, LIC, ONGC, BHEL, and more. He also serves as an Independent Director of Tourism Finance Corporation of India.
In 2003, He was also appointed by Government of India and Reserve Bank of India (RBI) as Chairman of the Technical Experts Committee for Punjab & Sind Bank’s strategic turnaround. In 2019, Ravi also joined SBI Payments Services Pvt. Ltd as one of the Board Directors. Before joining BSE, Ravi served on boards of various companies such as, UTI Company Pvt Ltd., SMERA Ratings, SBI-SG Global Securities, STCI Finance, and BOI Merchant Bankers.
He also serves as a member of SEBI’s takeover panel and Institute of Chartered Accountants of India (ICAI). S Ravi had been appointed as the independent director of the EbixCash Private Limited in June 2021, a subsidiary of Ebix, Inc. a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries.
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